Penn National now third-largest U.S. gaming company

The Pennsylvania-based company that is building two Ohio casinos, including one in Columbus, has grown to the third-largest U.S. gaming company, the Toledo Blade reports.

Wyomissing, Pa.-based Penn National Gaming Inc. (NASDAQ:PENN) has annual revenue of more than $2.5 billion and owns or operates 26 facilities in 19 states, the newspaper reports. It has 15 standalone casinos, and this year it will open two Ohio casinos, including one in Toledo on May 29.

Only Caesars Entertainment Corp. and MGM Resorts International, with $8.8 billion and $7.8 billion in revenue respectively, brought in more money last year, the newspaper reports.